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WHUT
Feb 19, 2013 7:00am EST
. and fidelity investments. >> your personal economy is made up of the things that matter most, including your career. as those things change, fidelity can help you adjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are, a fidelity ira has a wide array of choices that can fit your personal economy. fidelity investments, turn here. >> at union bank, our relationship managers work hard to know your business. butoffering specialized solutions in the capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now, "bbc world news." >> hello, your watching "gmt," on bbc world news." the south african athlete is formally charged with murdering his girlfriend. his lawyers have applied for bail. the prosecution accused him of premeditated murder. the defense says the shooting was accidental. his girlfriend's funeral took place today. a secret community behind the series of hacking attacks on u.s. infrastructure accordi
CSPAN
Feb 18, 2013 10:30pm EST
economies of europe, japan, china, and south korea. next, on booktv. this is a little over an hour.ro ba okay. it is great tock be back at the society. >> for 25 years now, we enjoy a terrific relationship with the a japan society in so manyys wayse ved quudible] bed we have lived quite a bit o time in this is great to be with you let's see, in terms of this whole notion of the book, you know, by the way, it's a very modest title, banker to the world. [laughter] you know, when i heard of this -- and i'm a very close personal friend of bill's, like everybody in this room is, and so when testifies talking to me about this -- when he was talking to me about this concept of what he wanted to write about, lessons of debt cry cease and all of this, i just knew that it was right in our sweet spot in what we needed to be able to do. so we were able to convince him, and so now i'm not talking to you as his friend, i'm talking to you as his publisher. [laughter] and we had this decision, you know, we were going to do this book, and we kid. and we did. now, the ink wasn't even dry on this book w
KICU
Feb 19, 2013 4:00am PST
say it signals faith in the economy. still to come, the hunt for the hot idea. why venture capitalists are ramping up the search for the next big thing. that's later. but first, why farmers are bracing for higher expenses in 2013. that's next with bill moller. some quiet but very important changes are taking place down on the farm these days. they're prompted by the sky-high land prices that we have seen for the past few years, but also by new technologies and greater efficiencies. these changes are outlined in a report from the federal reserve bank of chicago. david oppedahl is the business economist who compiled the data. why don't you first talk, david, in general terms about these changes and trends? > > agriculture is seeing a lot of activity in the last few years as some of the commodity prices have gone up a lot and you see corn and soybean growing in terms of the ability to grow, but then also as the prices have been higher, the yields are higher in general, but then this last year was a drought year, so that kind of set some momentum back. but overall, the land val
SFGTV2
Feb 18, 2013 7:00pm PST
college and seth them to in our economies is the keys key to success and we're making progress. san francisco unified continues to be the hive urban development are high. we've seen double digit high-grades among our latin and africa kids >> results are being recognized for our achievement we received a federal grab the to bring job training in our mission neighborhood. the supervisor knows about this. these gains are possible because reforms are underway the partnership are in place. for our kids to succeed in this economy we must do more. that's why this year i will propose in my budgeted more resources more than $50,000,000,000 and $25 million for preschool activities. i view education as an be investment not an expense. the folk in the road for many kids and many families the point at which they decide they're though stay in san francisco or leave. you're going to hear me talking about this layoff a lot this year. i want our middle squirrels to courthousess choose the road to success notes the road that leads to trouble or and is the one of the 3 san franciscans who went there k
CSPAN
Feb 19, 2013 7:00am EST
economy by my parts. every person who works on my product is going to raise the price of my product. every hand that touches the unit that i sell, a certain percentage of the company buys this products. every time i go to a vendor to get a part, my costs will increase. my competitor build a similar part for almost a third of what i build a mine. you will take away the factory workers who manufacture my parts. this is all usa jobs. lower the price of gas. back to two bucks a gallon and you won't have to worry about the minimum wage. host: how would an economist pre-minimum wage respond to that caller? guest: you are raising the cost of that worker to that business. that worker will have more money to spend. you can make more profits. you can pass the cost to people who are buying your goods by raising prices. raising the minimum wage has an effect on the economy. the question -- if there is a chance it would raise unemployment or perhaps put a business in the red. host: michelle, tacoma, washington. caller: i just realized our state is one of the higher states with minimum wages. eve
FOX Business
Feb 19, 2013 3:00pm EST
marathon oil there, so they put on a great show, and i think if you believe the world economy's improving, that's another area to continue to improve from the equity's side as well. liz: do you believe that, ben? do you believe the economy's improving? >> i do. liz: slightly; right? i don't know why -- i'm not putting on a cheer leading skirt -- >> please, please do. >> it's improving if you're a refiner, right about that. liz: leave it to elliot to get off the cheer leading skirt -- >> killing it, killing it. liz: exactly. ignore this world economy, great conversation, thank you so much. our one and only floor, under the weather, hmos like humana and united health with a great deal of exposure to medicare rates. here's why. rates could go down next year based on what's being said by the center for medicare and medicaid services. peter barnes followed the story from washington. isn't that what people want? rates to go down? >> well, not if you're investing in health insurance stocks; right, liz? health insurance companies, and the industry plans to fight back on some proposedded cuts that
FOX Business
Feb 18, 2013 9:00pm EST
. remember, the sequester was his idea. the effects on the economy is clear. the economic recovery is being held back by washington. goldman sachs chief u.s. economist out with a new report, saying that the onomy will ntinue to go well below its potential. most consumers obably weren't aware of the hit to their disposable income until they receive their mid-january paycheck. one republican pollster in a new report rights that we have entered a new phase for the dysfunction and paralysis in washington is having a significant impact on how consumers feel about the overall state of the economy and their personal financial situation. the drop in consumer confidence, he says, is directly related to a lack of competence in our current political leaders. consumer confidence has taken a hit, a big one since post-world war ii history. already there is evidence of a slowdown in consumer spending. reports that wal-mart had its wot start to its month in seven years. the payroll tax hikes may be starting to bite. gas prices are up 51 cents in the last two months. prices are up every single day sin
MSNBC
Feb 19, 2013 10:00am EST
and saying this affects the broader economy and the republicans acknowledge that but are not ready to go back to the negotiating table right now. >> ken, i guess the other point here is that, you know, if the sequester happens and, for example, in "the washington times" today, they talked about the ripple effect on defense contractors and the thousands of jobs that they are preparing to have layoffs for because of the threat of sequester. i mean, who gets the blame if the economy starts to tank? >> right. well, congress gets the blame more generally and that is what i think is sort of lost here in the jockeying, the positioning and pointing fingers at both sides. we already see historic negative approval ratings for congress. it's only going to get down to both parties detriment. however, i do think the president, by virtue of having this bully pulpit we will see him exercise later this morning and presumely for the next several days, does have a little bit of the upper hand here. i'm not sure if it's quite so much that he can convince republicans to accept additional tax increases
FOX Business
Feb 18, 2013 11:00pm EST
utility bills. this is spreading to every fascet of u.s. economy we're told that winter has weeks left, growing signs this evening this keeps up the same could be said of the recovery itself. phil, you follow this, what is going on? >> you know we had everything that could go wrong, go wrong. we had refinery issues, hurricane sandy, and refinery fires, this is around the country, on top of that because of fed fed policy, -- federal reserve policy the price of oil has gun up over $10 a barrel in under a month, that is a recipe for sharply rising prices. neil: normally that stuff creeps up in other areas not good. >> i actually am more amount mystic. -- optimistic, fuel costs represent about 4% of pretax income. i think that the consumer has lost that payroll tax credit, they are still spending they are not increasing it but they are maintaining their baseline. other thing that should bring optimism they are increasing level of nonrevolving borrowing, they are setting themselves up to purchase big ticket items, under the stats, give you a sense there is a left of consumer -- a level of c
KCSMMHZ
Feb 19, 2013 2:30pm PST
parliament as well. >> the outlook is brightening for europe's biggest economy. investor sentiment in germany has surged to a three-year high. >> the index is one of the most closely watched investor confidence surveys. it pulls germany's top 300 financial analysts and is being taken as another sign that the german economy could rebound quickly from a sharp slowdown at the end of last year. on today's market action. german blue chips rallied tuesday to lock in solid gains for the second day running. all correspondence sent us this summary of the trading session in frankfurt. >> for the first time in weeks, traders had a reason to be happy again. stronger than expected zew investor sentiment was even welcomed with applause. after the heavy growth decline in winter, the data indicate a strong comeback of the german economy, driving up the european markets, but the euro was lagging behind because currency traders are already worried ahead of the election, which will take place on sunday. there was high demand for cars shares despite the record low of overall european car sales in janu
CSPAN
Feb 19, 2013 5:00pm EST
economy and create good jobs. that is our top priority and it drives every decision we make and it has to drive the decisions that congress and everybody in washington makes over the next several years. that is why it is so troubling that 10 days from now congress might allow a series of automatic, severe budget cuts to take place that will do the exact opposite. it will not help the economy. it will not create jobs. it will visit hardship on a lot of people. here is what is at stake. over the last few years, both parties have worked together to reduce our deficit i more than $2.5 trillion. more than two thirds of that was through some really tough spending cuts. the rest of it was through raising taxes, tax rates on the wealthiest 1% of americans. together, when you take the spending cuts and increased tax rates on the top 1%, it puts us halfway to the goal of four dollars trillion -- $4 trillion in deficit reduction. thomas say we needed to stabilize finances. -- economists say we need it. congress also passed a law in 2011 saying that if both parties cannot agree agree on a plan to ach
MSNBC
Feb 18, 2013 8:00pm EST
' president's day sale on the economy a total bust. tonight the truth on our spending problem. this is "the ed show." let's get to work. >> there you go. good job. >> four years after the stimulus saved us from depression, republicans are dragging us into recession. >> spending is the problem. >> tonight the facts versus republican fantasy on the economy and the sequester. >> we have had a massive cover-up on the part -- >> but a massive cover-up of what? >> john mccain is at it again. >> do you care whether four americans died? >> retired colonel lawrence wilkerson on the blind republican rage over benghazi. >>> the luvgov is hitting the trail again. >> i'm a bottom line kind of guy. it's going to hurt. >> we'll show you his questionable ad. >>> plus, marco rubio disagrees with his own immigration plan because the president likes it. >>> mississippi finally got around to banning slavery this month. >>> and the oscar-nominated movie "silver linings playbook" is shining new light on treating mental illness. director david o. russell joins me tonight for the conversation. good to have yo
MSNBC
Feb 19, 2013 12:00pm EST
entire economy at risk just to protect a few special interest tax loophole that is benefit only the healthiest americans and biggest corporations? that's the choice. >> while the cuts would put the gvt government on a path towards a debt reduction, they are inkrimtat or a lot like a meat clever. it would force the f.a.a. to regularly furlough 4,000 workers a day which accounts for more than 10% of its entire staff. 125,000 families would immediately lose rental assistance putting them at risk of homelessness, and the military's health insurance program would face a $3 billion shortfall, meaning retirees and dependents of active soldiers could lose their coverage. as congress heads into the frantic sprint to the deadline next week, how much influence will president obama have on republicans? a month ago the president signalled he would be doing more outreach towards capitol hill or at least more in-home entertaining. >> personal relationships are important, and obviously i can always do a better job and the nice thing is that now that my girls are getting older, they don't want to sp
FOX Business
Feb 19, 2013 5:00pm EST
whole host of things that are going to be not crushing the economy at a time when it is very fragile as it is. so there are certain things i think we can agree upon but right now, there is act absolute gridlock. washington is a mess. we need to work together in a truly bipartisan manner as americans first with our backs against the economic wall. we need to do it together and i don't see anything like that happening anytime soon. sandra: so, kevin, senator brown sounds very doubtful right now. maybe the timing is a little bit different this time around? we're days from the deadline of the sequester on march 1st. maybe now the pressure will help something get done and maybe they will take a second look at the simpson-bowles plan number two? >> we can hope so i think really what is going on here that bowles and simpson are tired of, you know, basically being a front for president obama's inaction and so they have come out with a proposal that, you know, sure there is 600 billion more in tax revenues than republicans would like, but it is not that bad of a proposal compared to certainly wh
FOX Business
Feb 19, 2013 9:20am EST
, everyone. can our economy handle what's happening at the pump? good question. you've seen it every day for more than a month and they've changed the signs at the gas station and prices have gone straight up. today, triple-a says regular costs 3.74 a gallon. we're closing in on a 50 cent gain just this year. four big population states are at or very close to $4 a gallon already. all right, now shall the impact. every penny that gas goes up takes 1.2 billion dollars from consumer spending, like a tax. and it comes on top of other tax increaseses that cut everybody's paycheck and will slow a weak economy and some say brings recession that much closer. watch out. "varney & company" is about to begin. [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it's just common sense. om td
WETA
Feb 19, 2013 6:00pm EST
. and fidelity investments. >> your personal economy is made up of the things that matter most, including your career. as those things change, fidelity can help you adjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide array of choices that can figure personal economy. fidelity investments, turn here. >> at union bank, a relationship managers work hard to know your business. offering specialized solutions in capital to help give me your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now, "bbc world news america." >> reporting from washington. oscar pistorius brick down in court. explaining he shot his girlfriend by mistake. one of the scene of the biggest diamond heist in history. sparking a hunt for the pricey jim. and the mystery of dark energy. could our physics textbooks and soon be due for right? -- soon be due for a rewrite? welcome to our viewers some public television in america and aro
CNBC
Feb 19, 2013 12:00pm EST
of the economy is, do we? >> this is the best part of my day, staying in this chair and listening to these guys talk and seeing what their view is and if it comports with how the economists feel the economy is developing. when i listen to what they're saying, there is not the euphoria, there are still issues out there holding them back. the market is melting up despite that. that makes a lot of sense to me. i want to show you a forecast for gross depth product for growth in the economy over the next four quarters. the thing i want you to pay attention to are the lines i've added. it hard to see on that particular chart but the variability, the range on that first quarter number there is out.er than any other quarter usually the near term the economists are more certain over. you have this 2.1, 2% and then it gradually goes up. near term a ton of uncertainty. i want to show you the known economic unknowns that are out there, the things that should give them pause. the payroll tax hike. we don't understand exactly how and when this hit will take place. we know it's about $100 hit th
Comedy Central
Feb 19, 2013 10:30am PST
that's the last thing our economy needs. a gallup poll found that consumer confidence in banks is already at an all-time low. that includes the 1930's, when bankers lowered confidence by occasionally landing on consumers. [laughter] and i believe that an investigation will just make things worse. i don't think the banks are in any financial position to reveal what financial position they're in. [laughter] take wells fargo. their recent annual report said that the bank's value is partly based on, quote, "significant assumptions not observable in the market." [laughter] that means the value of the largest capitalized bank in the united states defies observation. [laughter] the human mind cannot perceive it. we dare not look upon it. [laughter] remember what happened to the accountants who opened lehman brothers' books. [laughter] point is, i believe when it comes to our economy, there are things we just shouldn't know. here to know them at me is financial writer and washington bureau chief of the "new york times," david leonhardt. dave, good to see you again. how are you? [cheers and applau
LINKTV
Feb 18, 2013 7:00pm PST
economy is suffering because of the absence of chavez, but certainly, it is suffering. i remember the local currency has been devalued by a third and i was speaking to plenty of people who couldn't find rice, butter and flour. there are food shortages and the economy is suffering, whether it is a direct result of chavez, it's difficult to say. but the opposition party and they want -- >> people want to see whether he is fit. we don't know if he is going to make an appearance here. >> that is the scene in caracas. u.n. investigators have found new evidence of war crimes in syria and urging the u.n. security council to allow the international criminal court to investigate. they say both sides in the conflict are guilty of rape, murder and torture and identified seven massacres. they have identified several leaders who ordered the killings. identification is done because both sides are guilty of crimes and we identify on both sides suspects. >> let's hear from beirut. >> they want the international communities to act to bring those responsible for the atrocities to justice. they said the
CNBC
Feb 19, 2013 4:00pm EST
economy continues to grow, this market is going to move a lot higher from there. i'm a buyer, still a buyer at these lofty levels. >> went through an entire hour without mentioning the "s" word that everybody hates in washington, sequestration, right? >> yes. >> that's coming up march 1st. soon after that a big jobs number coming up, and tomorrow live economic data. >> oh, yeah. >> that could move this market one way or another. >> as the economic data moves, it doesn't move it long term but short term. if the numbers don't come in where we want and the fed comes out with some statement tomorrow afternoon looking to maybe curtail that buying program. there's a lot of things that come out, but i still think they will be short-term moves. >> the market will ignore the bad news and embrace the good news. how cool is clive davis? >> besides warren buffett the only other legend i would shake hands with on the trading floor. >> and we were all thrilled to do that. his book is called "the soundtrack of my life" out today, and he's ringing the closing bell. that's the first hour of the "closi
NBC
Feb 19, 2013 11:00am EST
economy. they will add hundreds of thousands of americans to the unemployment list. people will lose their jobs. the unemployment rate might tick up, again. >> and that's why democrats, republicans, business leaders and economists they've already said that these cuts here in washington and sequesteration are a bad idea. they're not good for our economy and not how we should run our government. >> congress asks that this plan replace cuts through january of next year, which means, again, we are looking at another replacement plan, something far from a long-term solution to the budget problem. >> this morning we're looking at our area is among the areas that can be hurt the most by. government spending makes up 20% of our economy. defense spending also makes up almost 10% of our economy. >>> and right now, prince william county police are on the scene of a bizarre crime spree that started last night and ended with an suv crashing into a house in woodridge. tony is live on the scene with new developments. tell us what you learned. >> this was a multitude of events last lasted over the last co
CNN
Feb 19, 2013 8:00am PST
thousands of jobs and our entire economy at risk just to protect a few special interest tax loopholes that benefit the wealthiest individuals and corporations. that's the choice. are you willing to see a bunch of first responders lose their jobs because you want to protect a special interest tax loophole? are you willing to have teachers laid off or kids not have access to head start? or deeper cuts in student loan programs? just because you want to protect a special tax interest loophole that the vast majority of americans don't benefit from. that's the choice. that's the question. and this is not an abstraction. there are people who's livelihoods are at stake, there are communities that are going to be impacted in a negative way. and i know that sometimes all this squabbling in washington seems very abstract. and in the abstract, people like the idea, you know, there must be some spending we can cut. there must be some waste out there absolutely is. but this isn't the right way to do it. so my door is open. i put tough cuts and reforms on the table. i am willing to work with anybody
FOX News
Feb 19, 2013 9:00am EST
is having an impact on the economy. i have an economist on my program shortly who says every penny up for gas takes $1.2 billion out of the economy. add that up, you have a 50, $60 billion hit to the economy this year already. martha: that's a tough picture. quickly, stuart, what about the keystone impact? >> no impact on immediate pricing, none at all. that decision is being delaid. we don't know yet whether we'll build that pipeline or not. there will be almost certainly no impact on the price of gasoline in the immediate future because of that keystone decision. martha: that will take a little while. stuart, thank you so much. we'll see you later. bill: you're right. you said we're talking about this in may. martha: yeah. bill: it is mid-february. i filled you, over four bucks a gallon in new york already this weekend. martha: hang in there. hang in there. bill: we're just getting moving here. new details on a massive hacking assault linked back to beijing directly. why the communist nation hacked u.s. companies and what they might have stolen in the process. we'll have that for
WETA
Feb 19, 2013 6:30pm EST
about long-term ramifications for the economy. >> i'm not so sure how much consolidation is actually good because that to me actually means job losses at the administrative level, factory level and even c.e.o. level. so-- i'm not that worried about the c.e.o.s, but still. >> reporter: this year, as m&a activity heats up, stocks have resisted a much talked about correction. the dow, s&p 500 and nasdaq are all up a healthy amount. investment pro sam stovall says if the majority of deals are cash, as many have been in 2013, it suggests the m&a cycle is just getting started. >> it's later in the cycle when a lot of m&a activity takes place where it's purchased for stock. then companies are basically saying, "we think our stock is overvalued, let's use it while we can to buy the competition." >> reporter: there may be a lot more corporate marriages in the months ahead, but stovall says the stock market still needs to digest its recent gains. >> i think that we could end up seeing a relatively mild correction in prices, something on the order of 5% or maybe more. but then we're going to se
CSPAN
Feb 19, 2013 10:00am EST
opportunity. i put thousands of dollars per month in the local economy by my --buying my parts. every person who works on my product is going to raise the price of my product. every hand that touches the unit that i sell, a certain percentage of the company buys --country buys this product. every time i go to a vendor to get a part, my costs will increase. my competitor works in china. my competitor build a similar part for almost a third of what i am an american. you will take away the factory workers who manufacture my parts. this is all usa jobs. last point. instead of raising the minimum wage, lower the price of gas. back to two bucks a gallon and you won't have to worry about the minimum wage. i appreciate the opportunity. thank you so much. host: how would an economist pre-minimum wage respond to that caller? guest: you are raising the cost of that worker to that business. on the other hand, that worker will have more money to spend. as a business owner, you can make more profits. you can pass the cost to people who are buying your goods by raising prices. i think that is a litt
ABC
Feb 19, 2013 5:30pm EST
summer. >>> massive budget cuts could rock our economy. what's being done. and they are some of the most coveted seats around, the bleachers for the red carpets at the academy awards. find out how to get your hands on one tough to come by ticket. at tyco integrated security, we consider ourselves business optimizers. how? by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of qualified technicians, and a personal passion to help protect your business. when your business is optimized like that, there's no stopping you. we are tyco integrated security. and we are sharper. >>> let's start off with a lack at the weather cameras. rain showers on and off. wet conditions all across the board with the wind gusts wicked and the rain totals up around an inch or so. parkville, again, that weather was whipping with the wet conditions and the same deal in annapolis today. winds beginning to pick up now even as the rain begins to clear out to the east, kind of ugly weather state wide, in
FOX Business
Feb 19, 2013 12:00am EST
sentiment surrounding the economy, dow jones has one of the best january in years. if the dow has a great january, oil prices likely will follow. that is what we're seeing. gasoline prices following. not only that, refineries haven't necessarily switched over to summer blend of gasoline but are preparing to do so for the all-out production will bring, not only that, a job in that as well. sandra: i want to challenge you one thing. he said gasoline prices will track the price of oil, but let's throw out the price of oil and gasoline this year. oil prices up year-to-date 4.1% while gasoline prices are up three times that, more than 14%. so gasoline prices are way outpacing the price of oil. >> that happens from time to time. soline prices didn't necessarily go as low as oil prices. this last november. right now a lot of it is a primary bottleneck why prices haven't followed crude oil so closely. we still have that bottleneck in the way causing a spike in gasoline prices, refineries moving production preparing for summer driving season. sandra: the bottom line, oil prices have gone up,
FOX Business
Feb 19, 2013 11:00am EST
economy at risk just to protect a few special interest tax loopholes that benefit only the wealthiest americans and biggest corporations? that's the choice. are you willing to see a bunch of first responders lose their job because you want to protect some special interest tax loophole? are you willing to have teachers laid off or kids not have access to head start? or deeper cuts in student loan programs? just because you want to protect the special tax interest loophole that the vast majority of americans don't benefit from. that's the choice. that's the question. and this is not an abstraction. there are people whose livelihoods are at stake. there are communities that will be impacted in a negative way. i know that sometimes all this squabbling in washington seems very abstract. and in the abstract, people like the idea, you know, there must be some spending we can cut. there must be some waste out there. there absolutely is, but this isn't the right way to do it. so my door is open. i put cuts and reforms on the table. i am willing to work with anybody to get this job done. none o
CNBC
Feb 19, 2013 9:00am EST
the rate of growth of the economy. in our opinion, that takes about $600 billion to do over a ten-year period. and it does such things as paying for incentives go to pay for quality rather than quantity. it has real cost sharing in there. it happens has mean testing. it has appropriate saving in there in order to take account of, you know, the aging of the population. >> not premium support or vouchers? >> no. we don't think that's something you have to go to in addition to slow the rate of growth to the rate of growth on the economy on a per capital basis. >> simon. >> i just wonder what you and your guests think about whether the ground is shifting on actually getting a deal, on getting something into law. in 45 minutes' time, president obama is going to attempt to pitch the jobs for firefighters over the sequester against further taxing of the rich. he clearly feels that he has greater political freedom in his second term. he has this huge organization attempt to go mobilize outside the beltway and the gop seems very divided. is that dividing line between spending cuts and tax
CNN
Feb 19, 2013 11:00am EST
the 1990s when bill clinton was president nothing shrinks the deficit dpaster than a growing economy that creates good, middle class jobs. that should be our driving focus, making america a magnet for good jobs, ewinning how people with the skills required to fill those jobs. making sure their hard work leads to a decent living. those are the things we should be pushing ourselves to think about and work on every single day. that's what american people expect. that's what i'm going to work on every single day to help deliver. so i need everybody who's watches today to understand, we've got a few days, congress can do the right thing, we can avert just one more washington manufactured problem that slows our recovery and bring down our deficits in a balanced with, responsible way. that's my goal, that's what would do right by these first respond irs, that's what would do right by america's middle class. that's what i'm going to be working on and fighting for not just over the next few weeks, but over the next few years. thanks very much, everybody. thank you guys for your service. >> th
MSNBC
Feb 19, 2013 8:00am PST
entire economy at risk just to protect a few special interest tax loopholes that benefit only the wealthiest americans and biggest corporations? that is the choice. are you willing to see a bunch of first responders lose their job because you want to protect some special interest tax loophole? are you willing to have teachers laid off? or kids not have access to head-start? or deeper cuts in student loan programs? just because you want to protect a special tax interest loophole that the vast majority of americans don't benefit from. that's the choice. that's the question. and this is not an abstraction. there are people whose livelyhoods are at stake. they are communities that are going to be impacted in a negative way and i know that sometimes all of this squabbling in washington seems very abstract and in the abstract, people like the idea, you know, there must be some spending we can cut. there may be some waste out there. there absolutely is. but this isn't the right way to do it. so my door is open. i've put tough cuts and reforms on the table. i'm willing to work with anybod
SFGTV2
Feb 18, 2013 6:00pm PST
for the housing and our taxes stopped the growth of our economy. we in this room and many of us working together took on the story changes for our city some of which have vexed for years >> years. i'm proud that together we through innovation and we foerjd our way ahead. to the city commissioners and to the department heads and to our friends in the business, labor you think non-profit and other communities who spent countless hours with us in negotiations and to the great people of san francisco who rewarded us with your support at ballet in san francisco thank you, very much. together we're putting san francisco back on the right track and building a solid foundation for all our residents. my fellow san francisco's we're living in a time of astonishing innovation and unlimited process we're driving that innovation and for or against the future right here right now not just for san francisco but for the whole world. within the lab of our technologies we're developing techniques will will save lives. to our market district we're providing the world with tools to live in the chew
MSNBC
Feb 19, 2013 5:00pm EST
laid out for republicans. it's not just the economy that will suffer from the looming cuts next week. that's march 1st. national security will as well and it's seriously at risk. >> already the threat of these cuts has forced the navy to delay an aircraft carrier that was supposed to deploy to the persian gulf, and as our military leaders have made clear, changes like this, not well thought through, not phased in properly, changes like this affect our ability to respond to threats in unstable parts of the world. >> governor rendell, i just wonder what you think would be the situation, the scenario, if it comes to this. we pick up our paper some day and the newspaper said, carrier group can't make it to persian gulf for lack of funding. i mean, i just wonder if we're ready to face something -- i don't think we ever faced that in world war ii, in korea, in vietnam. we're unable to fight the wars we're in. >> chris, overall it's an incredibly bad situation for the country, and we can argue over who deserves the blame for this, and there's probably blame to go around, but right now the r
CNBC
Feb 19, 2013 1:00pm EST
a moment. first let's get a look at the big picture and how gasoline prices could affect the economy. >> the economic model, gasoline prices, one of the troubles facing consumers in the early part of this year. let's put some numbers on it. $10 a barrel increase is negative 0.2. it's double, that's where it comes from the decline in spending and hit to consumers' pockets and half the impact on total investment according to eia. more to the energy bill and gasoline. consumer pay for both energy commodities, gasoline and diesel and energy services, electricity and natural gas. the gas part, that's the part that's been going up, the biggest part. the smaller piece, the utilities, they have been dock down. that's something of an offset, why the worst case scenarios courtney spun out may not come true. add up uncertainties, high gasoline prices, sequester, payroll taxes, security, growth, that line that goes through the green number, that's the range of forecast. you can see for the first quarter it's the largest, 3% to 1.5%. maybe lower if we get the sequester, payroll tax ends up worse
ABC
Feb 18, 2013 11:00pm EST
nearly that high. >> they should be going down, right? the economy is hurting right now. we cannot afford this. >> a lot of us are frustrated. aaa says the average price for regular stands at $3.74 a gallon. it is a little cheaper in virginia at $3.61. economies. the economists worry along surge in prices could hurt the economy. >> i feel like there is every excuse in the world for gas prices to go up. but one reason for the recent tax hike -- price type might be because of opec. production was cut by about 1 million barrels a day. partly in response to rising oil production and parts of the world, including the united states. >> developments in the investigation on to the carnival cruise ship disaster. the full investigation is expected to take six months. more than 4000 passengers through stranded on that ship for five days in the gulf of mexico after the triumph of power. >> a lawsuit against the university of maryland by the acc appears to be moving forward. a judge has denied a request to have a lawsuit dismissed. it was to force the university to pay $82 million exit fee. mar
CSPAN
Feb 19, 2013 8:00am EST
to face very large economic and budget challenges. let me discuss the economy first, and then i'll turn to the budget. we anticipate that economic growth will remain slow this year because the gradual improvement that we've seen underlying economic factors will be offset by a tightening of federal fiscal policy scheduleed under current law. the good news is the effects of the housing and financial crisis appear to be finally, gradually, fading. we expect that an upswing in housing construction, rising real estate and stock prices and increasing availability of credit will help to spur a virtuous to cycle of faster growth in employment, income, consumer spending and business investment during the next few years. however, several policies that will help to bring down the budget deficit will represent a drag on economic activity this year. the expiration of the two percentage point cut in the social security payroll tax, the increase in tax rates on income above certain thresholds and the cuts in federal spending kennelinged to take effect -- scheduled to take effect next month will m
FOX
Feb 19, 2013 7:00am PST
ahead in what we did last year. i can see the economy is coming back. >> they say that sales are typically brisk on presidents' day because of dealer discounts. a lot of car dealerships use the holiday to launch their spring lines. >>> on the heels of that warm spring-like weather we enjoyed over the weekend, winter has returned for the bay area. prepare yourself for cold and rain as you head out the door. up next. steve paulson is tracking the storm. >>> a very unique dog saves the day. how she was able to pull her owners to safety from a burning house. >>> we're looking at the seen of an injury clash was just cleared and did a little damage to the center divide there on northbound 280 in daly city. we'll tell you how the traffic is still unwinding and what you can do to get around it. mom, i invited justin over for lunch. good. no, not good. he's a vegetarian and he's going to be here in 20 minutes! [ mom ] don't stress. we can figure this out. ♪ [ male announcer ] get the speed to make a great first impression. call today to get u-verse high speed internet for as little as $
FOX News
Feb 19, 2013 8:00am PST
, or who they rather put hundreds of thousands of jobs and our entire economy at risk just to protect a few special interest tax loopholes that benefit only the wealthist americans and biggest corporations. that's the choice. are you willing to see a bunch of first responders lose their job because you want to protect some special interest tax loophole? are you willing to have teachers laid off, or kids not have access to head start? or deeper cuts in student loan programs? just because you want to protect a special tax interest loophole that the vast majority of americans don't benefit from. that's the choice, that is the question. and this is not an abstraction. there are people whose livelihoods are at stake, there are communities that are going to be impacted in a negative way, and i know that sometimes all this squabbling in washington seems very abstract, and in the abstract people like the idea, you know, there must be some spending we can cut, there must s out there. there absolutely is, but this isn't the right way to do it. so my door is open. i put tough cuts and reforms on t
Current
Feb 19, 2013 6:00am PST
other to see how much the market will bare. health insurance in our economy, the way our country works is a necessity. people need to have it. so the insurance companies not only have monopolies in most states but they compete to jack up rates not to bring down prices. it's not a cost-effective commodity. >> stephanie: the white house says there will be new competitive markets. >> that's the argument they make. the argument we would make having pushed a little farther from the left is you needed the public option to know what you are getting. because when you don't have that, the insurance companies will say this is what this costs. i am totally aware of what is happening in regard to this but this is not a reason to scrap the health care law. >> stephanie: i think the minute we hit the least little bump we get our friend allen grayson and go medicare for all. [ bell chimes ] [ applause ] . >> yes, we have to push the public option again. nobody had to actually ever buy into it, it just has to be there as a benchmark, and this is exactly what is proven in massachusetts which in s
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